ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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energy utilisation, and get the maximum out of your internal capacity. You can severely reduce your requirements of foreign equipment, spares and raw materials if you agree to enforce a moratorium on a whole range of consumer goods industries whose output caters exclusively to the demands of the top fractite of the community. You can get more production out of your existing industrial system if you rationalise your power grids, be ruthless with those elements who deliberately restrict output for boasting their rate of profit, and take a few honest steps to check the spiralling up of prices so that your labour feels somewhat less grumpy. You can discipline your balance of payments and yet ensure a satisfactory rate of growth if exports are forced up through an internal disciplining of prices. If your foreign policy is not deliberately pushed along the wrong rails, external trade relationships might actually develop with countries which are in a position to offer you, for example, fertiliser and oil. If, again hysteria were eliminated as an important adjunct of foreign policy, the nation might end the insensate diversion of precious resources into the cul de sac of mounting defence expenditures, away from economic development. If sixty crores of rupees were not offered this year as tax concession to the rich, we might be spared the indignity ot begging for an extra sixty crores of rupees worth of foreign aid. But all this is folly to the Government Decisions are taken on the basis of what is preferred and not preferred by that thin section of the population at the top. This fraction has evidently preferred national indignity to national discipline. Measures toward disciplining the economy would mean depriving these people of a large chunk of their current command over goods and services

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